Equities Analysts Offer Predictions for Devon Energy Corp’s Q2 2019 Earnings (NYSE:DVN)

Devon Energy Corp (NYSE:DVN) – Analysts at Seaport Global Securities reduced their Q2 2019 earnings per share (EPS) estimates for Devon Energy in a report released on Tuesday, July 23rd, according to Zacks Investment Research. Seaport Global Securities analyst M. Kelly now forecasts that the energy company will earn $0.27 per share for the quarter, down from their prior forecast of $0.39. Seaport Global Securities has a “Buy” rating on the stock.

Equities Analysts Cut Earnings Estimates for EOG Resources Inc (NYSE:EOG)

EOG Resources Inc (NYSE:EOG) – Analysts at SunTrust Banks cut their Q2 2019 EPS estimates for EOG Resources in a note issued to investors on Tuesday, July 23rd, according to Zacks Investment Research. SunTrust Banks analyst N. Dingmann now anticipates that the energy exploration company will earn $1.24 per share for the quarter, down from their prior estimate of $1.26. SunTrust Banks currently has a “Buy” rating and a $120.00 target price on the stock. SunTrust Banks also issued estimates for EOG Resources’ FY2019 earnings at $4.81 EPS.

Equities Analysts Cut Earnings Estimates for Hammerson plc (OTCMKTS:HMSNF)

Hammerson plc (OTCMKTS:HMSNF) – Investment analysts at Jefferies Financial Group lowered their FY2019 EPS estimates for Hammerson in a research note issued on Monday, July 29th. Jefferies Financial Group analyst M. Prew now forecasts that the financial services provider will post earnings per share of $0.34 for the year, down from their prior forecast of $0.35. Jefferies Financial Group also issued estimates for Hammerson’s FY2020 earnings at $0.31 EPS and FY2021 earnings at $0.30 EPS.

Equities Analysts Set Expectations for Summit Midstream Partners LP’s Q2 2019 Earnings (NYSE:SMLP)

Summit Midstream Partners LP (NYSE:SMLP) – Stock analysts at Capital One Financial lifted their Q2 2019 earnings per share (EPS) estimates for shares of Summit Midstream Partners in a research report issued to clients and investors on Monday, July 8th, according to Zacks Investment Research. Capital One Financial analyst K. May now expects that the pipeline company will post earnings of $0.11 per share for the quarter, up from their previous forecast of $0.10. Capital One Financial also issued estimates for Summit Midstream Partners’ Q3 2019 earnings at $0.14 EPS, Q4 2019 earnings at $0.16 EPS, Q1 2020 earnings at $0.14 EPS, Q2 2020 earnings at $0.12 EPS, Q3 2020 earnings at $0.12 EPS, Q4 2020 earnings at $0.11 EPS, FY2020 earnings at $0.49 EPS and FY2021 earnings at $0.57 EPS.

Commonwealth Equity Services LLC Increases Stake in Nike Inc (NYSE:NKE)

Commonwealth Equity Services LLC lifted its stake in shares of Nike Inc (NYSE:NKE) by 4.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 341,745 shares of the footwear maker’s stock after buying an additional 14,907 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Nike were worth $28,689,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Steelcase Inc. (NYSE:SCS) Sells 100,000 Shares

Steelcase Inc. (NYSE:SCS) CEO James P. Keane sold 100,000 shares of the company’s stock in a transaction on Friday, July 12th. The shares were sold at an average price of $17.45, for a total value of $1,745,000.00. Following the sale, the chief executive officer now owns 808,927 shares of the company’s stock, valued at $14,115,776.15. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Equities Analysts Decrease Earnings Estimates for IDEX Co. (NYSE:IEX)

IDEX Co. (NYSE:IEX) – Research analysts at Oppenheimer cut their Q3 2019 earnings per share estimates for shares of IDEX in a research note issued on Sunday, July 28th. Oppenheimer analyst B. Blair now expects that the industrial products company will post earnings per share of $1.46 for the quarter, down from their prior estimate of $1.47. Oppenheimer currently has a “Hold” rating on the stock. Oppenheimer also issued estimates for IDEX’s Q4 2019 earnings at $1.44 EPS and FY2019 earnings at $5.85 EPS.

AVEO Pharmaceuticals, Inc. (NASDAQ:AVEO) Short Interest Up 6.5%

AVEO Pharmaceuticals, Inc. (NASDAQ:AVEO) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totalling 21,735,300 shares, an increase of 6.5% from the May 30th total of 20,409,600 shares. Based on an average daily volume of 3,260,000 shares, the short-interest ratio is currently 6.7 days. Approximately 21.6% of the shares of the stock are sold short.

error: Content is protected !!